Virginia Local Deal: Bonus Checking with Entrust Federal Credit Union can earn as much as 3.50% APY
invites its members to enroll for their Bonus Checking program, a high interest reward checking account, that earns as much as 3.50% APY for balances through $25,000.
The current interest rate for deposits above the set cap of $25K is 0.75% APY. The base interest rate if the rewards requirement are not met is 0.15% APY for all balances. The union also refunds ATM fees of as much as $25 per cycle.
The best checking account asks for the fulfillment of the following monthly requirements so you can enjoy the highest interest rates:
Account holder must make 12 purchases using the Visa Check Card
Set up an ACH debit or a direct deposit
Opt for electronic statements over paper bank statements
The current interest rates have been posted on the promo page for quite a while now. According to their website, the interest rates are usually updated every Tuesday.
The credit union does not have any balance requirements nor do they collect monthly service fees.
Membership to the Entrust FCU is open for Christian based organizations and churches within the metro of Richmond. You can check their website for the details with regard to signing up.
Entrust is headquartered in Richmond, Virginia.
BauerFinancial has a very good review of the credit union, stamping a rating of 5 stars for their performance. Bankrate.com issued a 3 stars for soundness and safety.
Entrust FCU is indexed with the NCUA covered by charter number 20250.
You can be earning hundreds or even thousands of dollars a year in CD investments, money market, and cash back credit cards. Subscribe to our free newsletter below to learn how to maximize your rewards, improve your credit, and make money!
